Snow White Drive-In owner Billy Wyatt is one "happy camper" after learning late Tuesday evening the iconic restaurant he owns will not have to move to a new location.

Property owner Greg Dugdale spoke with Wyatt on Tuesday to let him know the news. Dugdale said the contract with Speedway, which was planning to build a gas station on the property, sent a letter telling him Speedway was not going to extend its contract.

"I put it on Facebook [Tuesday] night and had over 15,000 people see it and over 500 likes in an hour and a half," Wyatt said.

Dugdale said he and Wyatt are currently discussing a new lease agreement for the restaurant.